Daikin Industries
Daikin Industries Ltd. has stepped in India with a joint venture between Daikin Industries Ltd. and Siddharth Shriram Group Company ‘SIEL’.The $4.5 billion Daikin Industries is a multi product company with the air-conditioning business comprising 74 per cent of its business. It has a 10 per cent share in the residential air-conditioning market and 36 per cent in the commercial air-conditioning in Japan. With a well-established presence in 8 major world markets, it is targeting to be a global leader in air-conditioning by 2005. Daikin is the only air-conditioning company worldwide which manufactures everything on its own from refrigerants till compressors.
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